SOURCE: Acordia, Inc.

June 10, 2005 08:00 ET

Acordia, Inc. Names Walter Wilk Jr. Managing Director for Its Boston Office

CHICAGO, IL -- (MARKET WIRE) -- June 10, 2005 -- Acordia, Inc., a Wells Fargo Company, is pleased to announce that Walter Wilk Jr. CPCU, AIC, ARM, ALCM has accepted the position of Managing Director for the Acordia Boston, Mass., office effective immediately.

Wilk brings over 16 years of progressive responsibility and diverse experience in the insurance industry. Wilk comes to Acordia from Marsh Inc. where he recently held the position of Managing Director. He was the Northeast Zone industry Practice group leader based in Boston. Prior to that, he was the New York Operations Risk Consulting Manager for the company's largest consulting office where he was responsible for managing the performance and the P&L of the department. Wilk's prior experience includes service as Senior Vice President and Vice President for Marsh as well as stints with Sheppard Riley Coughlin and The Aetna Casualty and Surety Company.

"Throughout Walter's insurance career, he has exhibited strong leadership skills and a sincere understanding of how 'people' drive the success of our business," said Kevin Kenny, CPCU, Senior Vice President and Regional Managing Director. "He also brings a very strong client focus with extensive experience in risk management, risk control and claims. I think Walter will complement the talents of our group in Boston while helping us realize the vision that we all share for this office and our company."

Wilk received a Bachelor of Arts degree in political science and sociology from the University of Rhode Island. He is also a licensed broker in Mass. and New York and is a licensed insurance adviser in Mass.

Acordia and Wells Fargo

Acordia, Inc., headquartered in Chicago, Ill., is the world's fifth largest insurance brokerage and the largest bank-owned insurance brokerage in the U.S., with over 150 offices in 38 states. Its 4,500 insurance professionals place in excess of $8.5 billion of risk premiums with expertise in property, casualty, benefits, international, personal lines and life products. Acordia is also a member of HLA Global Network. HLA Global, a partnership between London-based Heath Lambert Group and Acordia, Inc., serves as the international arm of Acordia.

Acordia is a subsidiary of Wells Fargo & Company, a diversified financial services company with $436 billion in assets, providing banking, insurance, investments, mortgage and consumer finance to more than 23 million customers from more than 6,000 stores and the internet ( across North America and elsewhere internationally. Wells Fargo Bank, N.A. is the only bank in the United States to receive the highest possible credit rating, "Aaa," from Moody's Investors Service.

Contact Information

    Ellen M. Sievert
    Director of Communications
    Acordia, Inc.